To me, all this mess is nothing more than manipulation to line the pockets of those who already have many times more than they deserve going by their merits.
A flat Tax would bring a tiny degree of equality as would a public service bureaucrat salary ceiling.
Nothing too complicated just too much against the grain for the useless greedy ! Simply just an artificial complexity to veil what could be a fair & simple system !

The "drunken sailor" approach to spending by the Coalition in office, has driven national debt to a staggering trillion dollars, that was totally non-productive and unnecessary. The commitment by Labor of hundreds of billions to ridiculous nuclear submarines is going to prove a long term cancer for the Australian economy.

I'm no fan of Lowe, but Graham he's not a one man band when it comes to RBA decisions. He is a big player and the public mouthpiece, but its not all his fault. You also malign Frydenberg and Chalmers as Treasurers, I'll agree Josh was a dill, and Jim may well go the same way, but give him a chance, he's hardly got the lid off the lolly jar yet. Who would you choose as Treasurer? The goose from the Noalition, Angus Taylor!

It seems that Australian Public Service and State Government salaries are increasing in line with Reserve Bank increases so APS are somewhat insulated from interest hikes. Also it seems as if the APS has politicised hiring to support the communist side of politics- against employment law- and against democracy- sounds like Bernay's Enlightened Despotism. Perhaps the HR profession is also biased in favour of communism- perhaps with all this "communist equality" the CEO needs to watch out for their job.

The article below seems to cover Bernay's Enlightened Despotism.

http://knoji.com/article/edward-bernays-the-father-of-public-relations/

I wonder if the Pauls of this world could ever tell the truth, obviously it would be a major change in their style.

Right through the pandemic period it was Labor calling for more spending on worker support. They would have had the government spend double or more on handouts, & were criticizing the government continually for not buying the now shown dangerous immunization products earlier.

The Goebbels "tell a lie often enough" mantra certainly applies to our lefties.

As I see it:
To combat inflation, interest rates are raised.
This means those with lower incomes, who must borrow money, are faced with an increasing debt.
Those who have money to lend will, instead, reap a rich harvest.
Broadly speaking, isn't this taking money from the poor, and giving it to the rich?
I know there are other factors, but would I need to be the treasurer to understand them?
Will someone please explain the logic of higher interest rates?
It appears to be a draconian way of doing business.
Is there not a sensible alternative?

Hassy,

What nonsense, you try to deflect the massive Coalition debt onto Labor, because you say; "Labor made em' do it" You sound like another forum jerk-off, who also calls it Labor's debt.

Are you still in favour of a preemptive nuclear strike on the innocent men, women and children of Pakistan, as you once claimed on the forum. That should wipe out 200 million innocent people, it certainly shows your pathetic mentality!